Markets were sharply higher today, as Oil and Commodities pulled back. This caused Buying in the Big Tech stocks that were very over-sold. Buy most of the Tech stocks are too weak, and do not meet the Green Line Rules at this time.
Long term Interest Rates and the US Dollar continued to creep up, but are Way Above the Green Line and should be having a Buying Climax soon.
The Market is frustrating at this time as the Leading Commodity and Defensive Stocks are very over-bought, but won’t correct much to Buy. And most other Stocks no longer have a 90 Relative Strength required.
The S&P 500 Index popped up out of the Green Zone (probably too late to Sell for the Short Term) today for a Buy Signal and we have plenty of Cash for more Money Wave Buy Signals below.
New Subscribers: Now some of the strongest Stocks have come down near the Green Zones more Money Wave Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone. (Now popping out of the Green Zone).
BUYS TODAY 4/19/2022
TSLA TSLA INC. Traded above $1026.24 today but the Volume was not High. TSLA will not be Bought or Logged as the Earnings come out after the Close tomorrow.
BUYS TOMORROW – SWING TRADING STOCKS Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
EWZ BRAZIL FUND Money Wave must Close in the Green Zone.
VALE VALE STEEL SA Wait for Money Wave Close > 20 with High Volume.
BRCC BRC INC. (BLACK RIFLE COFFEE) Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Buy above $227.77 with High Volume with a 3% Trailing Sell Stop Loss below it.
XLK TECH FUND Buy above $151.55 with High Volume with a 3% Trailing Sell Stop Loss below it.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
AA ALCOA CORP. Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
GFI GOLD FIELDS LTD. Slipped below the Buy Price and was Stopped Out. (Don’t Take a Loss!). The Target was already Hit for a 9 % Gain.
UUUU ENERGY FUELS INC. EXIT if it is going to Close below the Pink Line around $9.81. The Target was already Hit for a 9.3 % Gain.
DAY TRADING SETUPS. Several Triple Buy Pops today: SOXL (+6%) VERU (+7%) & TQQQ (+6%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today, and are Way Below the Green Line.
Crude Oil was down $5.62 today at $102.59. _________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 2, 2022
Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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